Eos is not optimistic in the short term

After Eos formed a decline channel, the currency price continued to decline in the channel. In fact, the trend of Eos in this wave of market has deviated from other mainstream currencies. After peakingin early June, the new high of bitcoin did not coincide with the new high on June 27th. But the downward trend was unmistakable, with overall prices down 36 percent from their highs, more than any other major currency. Looked from the present form, it seems that also shows no sign of falling, we see the received date line ma6 suppression, but also in the rail, and there will be upward rebound ma18, under the channel rail, before falling on the channel rail multiple resistance, is a big challenge for the bulls, and downward support around 5.4, 4.8 and 4.5, there are a lot of space.

strategy

Short for the bulls, is not a good entry opportunity, the recommendation to wait for a clear trend after determining to buy will be more reasonable. Even if there is no adjustment form out of ABC, the bottom confirmation is also needed.